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the american economy is changing we're moving from one of those really cami to an economy based on service based on information rooted in technology that is it's high skilled high wage high training on one very low skilled sweatshop labor another. class find their skills don't fit into either those demands. they don't have the education or the skill or the training because of historic discrimination to work in aerospace. on other hand they don't feel any desire or need to go into the low skilled service sector jobs like hotel cleaning like sweatshop work downtown l.a. because they don't perceive that as jobs that american citizens should have. not talking about people who are at the rear we're talking about people with jobs if you have a job you are dependent on that job so when that factory closes you are in essence asked out. by the late sixty's you see those plants beginning to disappear when they disappear there is virtually nothing left in their wake. and so it leaves a gaping hole in the economy of the region. with consequences that are just enormous. generationally in america is sup
the american economy is changing we're moving from one of those really cami to an economy based on service based on information rooted in technology that is it's high skilled high wage high training on one very low skilled sweatshop labor another. class find their skills don't fit into either those demands. they don't have the education or the skill or the training because of historic discrimination to work in aerospace. on other hand they don't feel any desire or need to go into the low...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser reports. there are twelve cities in the united states in which half of the people with hiv aids lives within a year. this is a problem that frankly is substantially preventable it was like the big elephant in the room and nobody wanted to talk about it there were really good public health campaigns if people really focused on this problem you certainly should be able to a lot less a lot less human suffering. if someone right now said what you want your life i'll give you anything you want to. name one thing this one thing freedom my wish would be for crips and bloods. to realize their biases against us. and it will come together it. is going to be over for us so if the resources were here you're saying these kids with issues can. no man choose a cause there's no hope you know you are you in no man's land it's no hope people taking choices or going to college and i guess my making a choice here you making a choice has no choice is like you wait
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines kaiser reports. there are twelve cities in the united states in which half of the people with hiv aids lives within a year. this is a problem that frankly is substantially preventable it was like the big elephant in the room and nobody wanted to talk about it there were really good public health campaigns if people really focused on this problem you certainly...
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economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond market bull bull bond market where interest rates were falling now we're at a juncture in time where britain has got its manufacturing capacity they're left with financial services as really the only engine of growth during a period of bond collapse and interest rates rise that's why i'm shorting the british pound that's why jim rickards the famous guru who wrote currency war has come out and said the british pound is toast jeremy warner who's a cheerleader for the government over there at the telegraph is pointing out even that the pound is toast a payload in the yen are toast additionally not only are
economy well gerry warner makes an excellent point now and economy has two components in its export market they've got the exploitation of services or they've got the exploitation of goods manufactured goods in britain has not exported had a net balance of exportation of manufactured goods since the nineteen eighties the entire economy sense that your has been built on basically services and what are these services they are financial services. i want to power pursue with a thirty year bond...
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the this is massively affect our relationships our trade relationships certainly have a hit on the economy as a result of that what do you say to those concerns a classic scare tactics always employed by the status quo whether they're defending slavery for the called laws or e.u. membership you know transparently body with a whole series of shocks you know three million british jobs would be lost if we left the european union really really we import massively more from the e.u. than we sell to them would mislead is stop selling cars. we have the e.u. well i think we all know the answer and you think the person should be looking to trade outside the well you know what i'm saying is this that europe is aging europe as a percentage of the world economy is now below a fifth form in quite sharply it is gripped by eurozone crisis which is likely because of their fanaticism to keep it together to last for up to a decade and yeah ok europe is thirty percent of our overseas exports and it's an important market place but the rest of the world is more important to us and we're impotent because we're
the this is massively affect our relationships our trade relationships certainly have a hit on the economy as a result of that what do you say to those concerns a classic scare tactics always employed by the status quo whether they're defending slavery for the called laws or e.u. membership you know transparently body with a whole series of shocks you know three million british jobs would be lost if we left the european union really really we import massively more from the e.u. than we sell to...